TBD 80th Avenue NE Clara City, MN 56222 MLS# 6640304 Status: Closed
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Property Description 120 +/- acres of highly productive tillable land being offered in Chippewa County! Approximately 114 +/- acres are tillable with a Crop Production Index rating of 71.4. Much of this property is gently rolling, has a straight layout and also maintains a good amount of drain tiling throughout. This would be an excellent property for someone looking to add to their existing farming operation for the 2025 growing season as the current rent contract expires February 28th, 2025. If you are looking to develop your farming operation, invest back into land as part of a 10-31 tax exchange, or are simply in the market for farmland as a long-term investment, look no further!
*Yearly rent income of $43,083, current rent contract expires February 28th, 2025
*Available to be farmed for the 2025 growing season
*Great addition to any farming operation
*Exceptional option to complete a 10-31 tax exchange
*7 miles to nearest grain elevator
*10 miles from Clara City
*20 miles from Willmar and Montevideo
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-01-07
Contingency: None
Current Price: 1300000
Closed Date: 2025-02-04
Original List Price: 1300000
Sales Close Price: 1300000
ListPrice: 1300000
List Date: 2024-12-13
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Drainage: Excellent
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: Irregular
Acres: 120
Power Company: Minnesota Valley Co-op L&P
Location Tax and Other Information
House Number: TBD
Street Name: 80th
Street Suffix: Avenue
Street Direction Suffix: NE
Postal City: Clara City
County: Chippewa
State: MN
Zip Code: 56222
Acreage Information
Taxable Acres: 120
Tillable Acres: 114
Assessments
Tax With Assessments: 6572
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 38
Section#: 3
Township#: 118
Property Features
Agricultural Water: Other
Available Utilities: Electricity Available; None Connected